Better Energy UK ApS — Credit Rating and Financial Key Figures

CVR number: 37619094
Gammel Kongevej 60, 1850 Frederiksberg C

Credit rating

Company information

Official name
Better Energy UK ApS
Established
2016
Company form
Private limited company
Industry

About Better Energy UK ApS

Better Energy UK ApS (CVR number: 37619094) is a company from FREDERIKSBERG. The company recorded a gross profit of -21.3 kDKK in 2022. The operating profit was -21.3 kDKK, while net earnings were -0.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.2 %, which can be considered weak but Return on Equity (ROE) was -0.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 95.4 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Better Energy UK ApS's liquidity measured by quick ratio was 20.8 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2018
2019
2020
2021
2022
Volume
Net sales
Gross profit-7.06-10.688.62-10.00-21.26
EBIT-7.06-10.688.62-10.00-21.26
Net earnings5.6913.2925.267.13-0.46
Shareholders equity total300.36688.60714.01721.14720.68
Balance sheet total (assets)399.64795.34722.27742.55755.64
Net debt90.9794.65-4.175.8529.33
Profitability
EBIT-%
ROA2.4 %3.5 %4.3 %1.5 %0.2 %
ROE1.9 %2.7 %3.6 %1.0 %-0.1 %
ROI2.6 %3.5 %4.4 %1.5 %0.2 %
Economic value added (EVA)-17.34-18.44-22.39-43.47-48.94
Solvency
Equity ratio75.2 %86.6 %98.9 %97.1 %95.4 %
Gearing30.5 %13.8 %0.0 %1.4 %4.6 %
Relative net indebtedness %
Liquidity
Quick ratio3.16.587.433.220.8
Current ratio3.16.587.433.220.8
Cash and cash equivalents0.610.344.174.154.13
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBB

Variable visualization

ROA:0.23%
Rating: 21/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:95.4%
Rating: 76/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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